What is Credit Payment Protection Insurance for personal loans?

Credit Protection Insurance for personal loans includes Life, Disability, Critical Illness and Job Loss coverage. This coverage is designed to pay out your outstanding loan balance (up to the maximum specified in the certificate of insurance) in the event of your death or diagnosis of a covered illness; or to make ongoing monthly payments to your personal loan in the event that you become disabled and are unable to work or you involuntarily lose your job.

What is Life Insurance for personal loans?

Life Insurance for personal loans protects your family or dependants by reducing or paying out the outstanding balance of your personal loans (up to the maximum specified in the certificate of insurance) in the event of your death. For more information, visit our page on Personal Loan Life Insurance

What is Disability Insurance for personal loans?

Disability Insurance for personal loans typically covers your ongoing payments on insured loans for a specified period of time should you become disabled due to an injury, disease, sickness, mental illness or nervous disorder that prevents you from performing the regular duties of your occupation before your disability started. For more information, visit our page on Personal Loan Disability Insurance.

What is Critical Illness Insurance for personal loans?

Critical Illness Insurance for personal loans pays out your outstanding loan balance (up to the maximum specified in the certificate of insurance) should you be diagnosed with a major covered illness such as heart attack, stroke, and cancer. Whether you are able to work or not, this insurance will help you maintain your lifestyle, protect your credit rating, and focus on your recovery. For more information, visit our page on Critical Illness Insurance.

What is Job Loss Insurance for personal loans?

Job Loss insurance for personal loans is designed to make regular or interest payments on your insured loan for a limited period of time should you involuntarily become unemployed. For more information, visit our page on Job Loss Insurance.